Attached files
| file | filename |
|---|---|
| EX-99.3 - EX-99.3 - INGRAM MICRO INC | a56053exv99w3.htm |
| 10-Q - FORM 10-Q - INGRAM MICRO INC | a56053e10vq.htm |
| EX-99.4 - EX-99.4 - INGRAM MICRO INC | a56053exv99w4.htm |
| EX-31.1 - EX-31.1 - INGRAM MICRO INC | a56053exv31w1.htm |
| EX-31.2 - EX-31.2 - INGRAM MICRO INC | a56053exv31w2.htm |
| EX-32.1 - EX-32.1 - INGRAM MICRO INC | a56053exv32w1.htm |
| EX-99.2 - EX-99.2 - INGRAM MICRO INC | a56053exv99w2.htm |
Exhibit 99.1
|
Kent B. Foster Chairman & Chief Executive Officer |
April 7, 2005
Mr. Gregory M. Spierkel
Ingram Micro Inc.
1600 E. St. Andrew Place
Santa Ana, CA 92705
Ingram Micro Inc.
1600 E. St. Andrew Place
Santa Ana, CA 92705
Dear Greg:
It is my pleasure to confirm that the Board of Directors of Ingram Micro Inc. has elected
you to the position of Chief Executive Officer effective June 1, 2005. You will continue to
be based in Santa Ana and will report to the Board of Directors.
The Human Resources Committee of the Board of the Directors has approved the following
compensation package to be effective with your appointment: Your salary grade will increase
from E8 to E9. Your base salary will increase from $19,230.77 bi-weekly (approximately
$500,000 annualized) to $26,923.08 bi-weekly (approximately $700,000 annualized) to be paid
on the company’s standard bi-weekly payroll cycle.
You will continue to be eligible to participate in the 2005 Annual Executive Incentive
Award Program. Your Target Award will increase from 85% to 90% of your base salary, based
on salary paid from the effective date of your appointment through December 31, 2005.
Details regarding the 2005 Annual Executive Incentive Award Program have been previously
provided to you.
All other terms and conditions of your employment will remain the same.
This appointment is made with the mutual understanding that your employment by Ingram Micro
Inc. is on an “at-will” basis; that is, either you or the Company may dissolve the
employment relationship at any time for any reason, with or without notice.
Mr. Gregory M. Spierkel
April 7, 2005
Page 2
April 7, 2005
Page 2
I am pleased that this appointment will enable you to continue your professional career development
and I am confident that you will continue to make significant contributions to the growth and
financial success of Ingram Micro Inc.
Warm regards,
| /s/ Kent B. Foster
|
| cc: | Tom Berry Matt Sauer Larry Boyd Personnel File |